FuelCell Energy Crushed Since Announcing 1-For-12 Reverse Split

FuelCell Energy Inc FCEL shares are trading lower by $1.50 at $6.36 in Tuesday's session. It down from its December 3 close of $9.79, when the company announced a 1-for-12 reverse split. It has made a new all-time low after breaching the former all-time low ($7.80), which stood as the low in Friday's session. Once that key level was breached, it tumbled all the way to $6.12 before rebounding to the mid-$6 handle.